1.Description and exact location of Prestige Elysian?
Prestige Elysian is located on Bannerghatta Main Road, opp. Meenakshi Mall. This is a premium residential development set in over 6 acres of land. The development consists of 4 Towers, identified as Tower 1 – G+16 Floors Tower 2 – G+16 Floors Tower 3 – G+18 Floors Tower 4 – G+18 Floors with 548 residential apartments of different types and a club house.

2.What are the different types and sizes of apartments??
A Type 2 BR Standard 1109 Sq. ft.
B Type 3 BR + 2T 1342 Sq. ft.
C Type 3 BR + 3T 1617 Sq. ft.
D Type 3 BR + 3T + Maid’s Room 1810 Sq. ft.

3.Is there a club house and what are the facilities?

The project will have a Club House with space for Convenience Store, Party Hall, Squash Court, Badminton Court,
Swimming Pool, Kids Pool, Indoor Games, Billiards, Gymnasium, Health Spa, Mini Theatre, etc.

4.When does the development start and when can I expect to move into my new home?
Construction will commence by May 2019 and your new home will welcome you by December 2022

5.Are modifications permitted in the apartment?
Prestige Elysian has been master planned with a theme and design, the specifications, external and internal
designs have been carefully chosen. Considering the number of apartments and the delivery date, customization
will not be possible. Thus we are unable to accept changes/modifications.

6. What about car parking spaces?
We can provide one car parking space for every apartment. Additional car parking request will be taken up
towards project completion. This would be available at an additional cost and subject to availability.

7.Is the title of the property clear?
Of course! You are dealing with Prestige. The land is freehold, marketable and free from all encumbrances.

8.Has the BDA/BBMP sanctioned the plans?
All relevant NOC’s from various departments have been obtained (including the fire NOC). The BDA/BBMP
approval has been received.

9.How do I book my Home at Prestige Song of the South?
  • Identify your apartment
  • Fill the Booking Application Form
  • Pay the booking amount by Cheque/DD favoring ‘PRESTIGE NOTTINGHILL INVESTMENTS A/C
    ELYSIAN.’ together with the required supporting documents – A passport size photograph, pan card and
    address proof of all applicants.

10.What happens thereafter?
You will be required to issue Post Dated Cheques (PDCs) for the remaining instalments within 30 days of
booking against which a formal letter of allotment will be issued. Agreements will follow after completion of the

11.When do I get a confirmed allotment?
The allotment will be confirmed on payment of 20% of the sale value and submission of Post Dated Cheques
for the remaining 80% of sale value.

12.Can I make a 100% down payment?
Yes. This offer is applicable for a limited period only. Please check with the Sales Team for more details.

13.How are instalments to be paid and is it time bound?
Instalments are to be paid by way of Post Dated Cheques which is a pre-condition of the allotment. This
schedule of payment is on a time bound basis as mentioned in the payment schedule.

14.What are the other additional amounts to be paid?
BESCOM & BWSSB Charges, Contribution to the Sinking Fund, Advance Maintenance Charges, Generator
Charges, Khata Assessment Charges, Registration Charges, GST and any other taxes will be required to be paid
as per the prevailing guidelines at the time of possession.

15.What happens if I cancel my booking?
Why would you want to miss out on such a strategically located and meticulously designed project? However,
if you do wish to cancel after booking, 2% of the Sale Value + GST, will be forfeited before agreements are
executed and 15% of the sale value+ GST, will be forfeited post agreements as Cancellation Fee. The balance
will be returned (subject to statutory deductions if any) without interest. GST billed will not be refunded.

16.What are the agreements that need to be signed?
The agreements that need to be signed are Agreement to Sell followed by a Sale Deed at the time of possession.

17.What is the process of registration and when does registration take place?
Registration will be done only on completion of the development and on payment of the entire sale
consideration including the additional charges. Registration will be facilitated by us through an advocate
appointed by Prestige.

18.What is the process of assignment?
  • Assignment can be done only after the Agreements have been signed, PDCs given and the new party agrees to comply with the terms and conditions of the principal agreement.
  • The Transfer Fees of Rs. 150/Sft will have to be paid.
  • If you have availed of a loan then you have to also retrieve and hand over to Prestige all letters and documents issued by Prestige to the Bank/Housing Finance Institution.
  • Requests for assignments will be accepted only after 20% of the Sale Value and 5 instalment payments are
    realized as per the payment schedule.

19.Has Prestige Elysian been approved by Banks/Housing Finance Institutions (HFIs) for loans?
Yes, leading HFIs have approved the development and will extend loans to customers based on their
specified criteria.

20.What is my responsibility for disbursement of instalments through HFIs?
It is your responsibility to ensure timely disbursement of instalments from HFIs and no demand will be made by
us to the HFIs for the same. To facilitate smooth payments, customers are required to issue a consent letter. Post
Dated Cheques handed over for the instalments will be returned on receipt of the payment from the HFI.

21.Who will take care of the maintenance of the property?
The maintenance will be taken care of by Prestige Property Management & Services. You can now rest assured
that Prestige Elysian will be cared for by professionals

22.What is the scheme for maintenance?
  • The scheme for maintenance is as under:
  • A sum of Rs. 60/Sft will be charged as the advance maintenance fee for the first year and will be collected
    at the time of closing of your account. From the second year onwards, maintenance charges will be levied as
    decided by the Association/Prestige Property Management & Services. All future payments are to be made
    favoring the Property Management Company.
  • An additional sum of Rs. 60/Sft corresponding to the super built-up area will be collected as Sinking Fund.
    This amount will be deposited in an Escrow Account and the accruals will be used for major expenditure.

23.What happens if I have any more questions/clarifications?
Please feel free to put forth your doubts and queries through our website. All your questions will be taken up within a definitive timeline. We can also be reached at this Number. Call:+91-8861265544

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